by Kris Sayce on May 19, 2010
Just a few quick comments from your editor today before we hand over to assistant editor Shae Smith.
We’re concentrating on the May issue of Australian Small-Cap Investigator for most of this week, but we should still find time to lob a few grenades at mainstream thinking.
So, before Shae takes up the slack, a couple of quick things that took our fancy…
I said yesterday it might be worth waiting for the Aussie dollar to strengthen a little and the gold price to fall. Good luck with that. It’s piled on another few bucks overnight, trading above AUD$1,400.
[click to continue...]
VN:F [1.7.3_972]
Rating: 9.1/10 (17 votes cast)
VN:F [1.7.3_972]
Rating: +9 (from 9 votes)
by Kris Sayce on May 14, 2010
The bureaucratic propaganda machine has really ramped up this week. Page 7 of today’s Australian Financial Review (AFR) headlines:
“Super profit tax calls industry’s bluff”
And on the front page the AFR leads with:
“Henry ramps up pressure on miners”
With the subheading, “Claims tax will boost growth.”
[click to continue...]
VN:F [1.7.3_972]
Rating: 8.5/10 (8 votes cast)
VN:F [1.7.3_972]
Rating: +6 (from 6 votes)
by Kris Sayce on May 11, 2010
The Bank of Japan? Check.
The Reserve Bank of Zimbabwe? Check.
The United States Federal Reserve? Check.
The Bank of England? Check.
[click to continue...]
VN:F [1.7.3_972]
Rating: 9.3/10 (19 votes cast)
VN:F [1.7.3_972]
Rating: +11 (from 11 votes)
by Kris Sayce on April 27, 2010
Your editor is in Australian Small-Cap Investigator mode again this morning, so we may be brief with today’s Money Morning – unless we get carried away…
“Oh stop grumbling and just hand over the money.” That’s in effect what the German government is being told to do with its taxpayer euros.
According to the Associated Press (AP):
“A 45 billion euros ($A64.45 billion) bailout package from other eurozone countries and the International Monetary Fund (IMF) should see Greece through its borrowing needs for this year. But the bailout is complicated by German grumbling, which continued on Monday, about the burden of the bailout on its own finances.”
[click to continue...]
VN:F [1.7.3_972]
Rating: 9.0/10 (27 votes cast)
VN:F [1.7.3_972]
Rating: +10 (from 14 votes)
by Kris Sayce on April 16, 2010
We only have a brief Money Morning for you today as we’re rushing to get the Australian Wealth Gameplan weekly update out to members by this afternoon.
But there is something I wanted to mention today…
It’s been a while since we caught up with any of our old broker pals – probably because we’re a bit of a pariah these days.
But when we do meet up over the $13 all-you-can-eat buffet at the RACV Club in the next couple of weeks we’ll try and eke out of them what kind of message is going around Australia’s broking rooms.
[click to continue...]
VN:F [1.7.3_972]
Rating: 8.4/10 (18 votes cast)
VN:F [1.7.3_972]
Rating: +8 (from 10 votes)